Labh Solvex LLP - food and beverages in Dhanera, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAX-8534 Incorporated 20 July 2021 ROC Ahmedabad HQ Dhanera, Gujarat, India
Active Limited Liability Partnership food and beverages
Data last updated
Revenue · FY 2023
₹3.63 Cr
Latest filing
Net profit · FY 2023
₹1.23 Lakh
Net margin 0.3%
EBITDA · FY 2023
-₹89.78 Lakh
EBITDA margin -24.7%
Contribution obligation
₹2 Lakh
As per LLP agreement
Open charges
₹48.81 Cr
Secured borrowings
LLP age
5 yrs
Est. 2021
Designated partners
4
As per MCA filings
Active GSTINs
1
GST registered

About Labh Solvex LLP

Data last updated:

Labh Solvex LLP is a limited liability partnership (LLP) based in Dhanera, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 20 July 2021 and has been in existence for over 5 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAX-8534. Its GSTIN is 24AAJFL5737E1ZC (Gujarat).

The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners including Khimpalbhai Maheshwari and Jokesh Maheshwari.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at 86/1 Market Yard Apmc Market, Dhanera, Gujarat, India – 385310.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹3.63 Cr. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 0.3%) and EBITDA of -₹89.78 Lakh (EBITDA margin -24.7%).

As per MCA filings, the LLP has open charges of ₹48.81 Cr on record. Court records list 5 cases involving the LLP, including 2 filed against it; 3 cases are pending.

Company Details of Labh Solvex LLP
LLPIN AAX-8534
Incorporation Date 20 July 2021
Total Obligation of Contribution ₹2 Lakh
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2024
Date of Balance Sheet 31 March 2023
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    86/1 Market Yard Apmc Market, Dhanera, Gujarat, India – 385310
  • Industry
    Food and Beverages, Edible Oils & Cooking Fats
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Financials, compliance, directors, charges, ownership and filings for Labh Solvex LLP in one report.

Financials from FY 2022 Directors & ownership Charges & compliance

Financials of Labh Solvex LLP FY 2023 filings available

Labh Solvex LLP reported revenue of ₹3.63 Cr for FY 2023.

Revenue · FY 2023
₹3.63 Cr
Net profit · FY 2023
₹1.23 Lakh margin 0.3%
EBITDA · FY 2023
-₹89.78 Lakh margin -24.7%

Financial Statement Summary of Labh Solvex LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22
Income and Expenditure
Turnover••••••••
Other Income••••••••
Total Income₹3.63 Cr••••
Purchases and Direct Costs••••••••
Personnel Expenses••••••••
Administrative Expenses••••••••
Interest••••••••
Depreciation••••••••
Total Expenses••••••••
Profit Before Tax••••••••
Tax••••••••
Profit After Tax₹1.23 Lakh••••
Profit Transferred to Partners••••••••
Assets and Liabilities
Partners' Contribution••••••••
Reserves and Surplus••••••••
Secured Loans••••••••
Unsecured Loans••••••••
Trade Payables••••••••
Other Liabilities and Provisions••••••••
Total Liabilities••••••••
Fixed Assets••••••••
Investments••••••••
Loans and Advances••••••••
Inventories••••••••
Trade Receivables••••••••
Cash and Bank Balance••••••••
Total Assets••••••••

Financial Ratios of Labh Solvex LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22
Profitability
Net Profit Margin0.3%••••
Return on Partners' Funds••••••••
Return on Assets••••••••
Liquidity and Debt
Current Ratio••••••••
Debt to Partners' Funds••••••••
Interest Coverage••••••••
Efficiency and Growth
Asset Turnover••••••••
Receivable Days••••••••
Turnover Growth••••••••
Profit Growth••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Labh Solvex are in the company report.

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Financial statements from FY 2022

Earlier years and trend charts are in the company report.

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Designated Partners of Labh Solvex LLP

Labh Solvex has 4 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Khimpalbhai MaheshwariDesignated Partner19 Nov 20214 Years 10 MonthsCurrent
Jokesh MaheshwariDesignated Partner19 Nov 20214 Years 10 MonthsCurrent
Mayurkumar Kantilal MaheshwariDesignated Partner20 Jul 20215 Years 2 MonthsCurrent
Lalitkumar Biharilal MaheshwariDesignated Partner20 Jul 20215 Years 2 MonthsCurrent

Ownership and Shareholding of Labh Solvex LLP

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Charges & Borrowings of Labh Solvex LLP

Open charges
₹48.81 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹48.81 Cr
Latest charge details
DateLenderAmountStatus
05 Mar 2022State Bank of India₹24.95 CrOpen
28 Feb 2022State Bank of India₹23.86 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Labh Solvex LLP

Employment history and EPFO contributions of people linked to Labh Solvex.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Labh Solvex LLP

Labh Solvex LLP has 4 designated partner changes on record since 2021: 4 appointments. The latest: Jokesh Maheshwari was appointed as Designated Partner on 19 Nov 2021.

Charges
A charge with State Bank Of India of Rs. 2,495.00 Lakh registered on 05 Mar 2022 with Charge ID 100631474 was modified on 09 Apr 2024.
AGM
Labh Solvex Llp last Annual general meeting of members was held on 31 Mar 2024 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 2,386.00 Lakh registered on 28 Feb 2022 with Charge ID 100631471 was modified on 17 Mar 2024.
Filing
Labh Solvex Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 2,495.00 Lakh with Charge ID 100631474 was registered on 05 Mar 2022.
Charges
A charge with State Bank Of India amounted to Rs. 2,386.00 Lakh with Charge ID 100631471 was registered on 28 Feb 2022.
Appointed
Jokesh Maheshwari was appointed as Designated Partner.
Appointed
Khimpalbhai Maheshwari was appointed as Designated Partner.
Appointed
Lalitkumar Biharilal Maheshwari was appointed as Designated Partner.
Appointed
Mayurkumar Kantilal Maheshwari was appointed as Designated Partner.
Incorporation
20 Jul 2021
Labh Solvex Llp was registered on 20 Jul 2021 with Roc Ahmedabad & aged 5 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Labh Solvex LLP

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MSME Payment Delays by Labh Solvex LLP

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Subsidiaries & Group Companies of Labh Solvex LLP

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GST Compliance of Labh Solvex LLP

Labh Solvex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJFL5737E1ZCGujaratActive01 Sep 2021
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GST registrations and filing compliance

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MCA Filings & Documents of Labh Solvex LLP

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MCA filings and documents

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Frequently Asked Questions about Labh Solvex LLP

Labh Solvex is an active limited liability partnership based in Dhanera, Gujarat, India. The LLP works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 20 July 2021 (5+ years old) and is registered under LLPIN AAX-8534.

Labh Solvex reported revenue of ₹3.63 Cr for FY 2023.

Labh Solvex has 4 current designated partners:

Labh Solvex reported a net profit of ₹1.23 Lakh (net margin 0.3%) and EBITDA of -₹89.78 Lakh (EBITDA margin -24.7%) for FY 2023, as per its filed financial statements.

The GSTIN of Labh Solvex is 24AAJFL5737E1ZC, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Labh Solvex is AAX-8534. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Labh Solvex has 5 court cases on record: 2 filed against it. 3 are pending. Most are in the district courts.

Labh Solvex was incorporated on 20 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jokesh Maheshwari was appointed as Designated Partner on 19 Nov 2021. Khimpalbhai Maheshwari was appointed as Designated Partner on 19 Nov 2021. Lalitkumar Biharilal Maheshwari was appointed as Designated Partner on 20 Jul 2021. Labh Solvex has 4 designated partner changes on record in total.

The registered office of Labh Solvex is at 861 Market Yard Apmc Market, Dhanera, Gujarat, India – 385310.

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